Cancellation of Benefit Service. If this Plan is a defined benefit plan and if the Participant’s vested percentage is determined under this Appendix and if a Participant receives a lump sum distribution of the present value of the vested portion of his accrued benefit, the Plan shall:
Appears in 2 contracts
Samples: People’s Utah Bancorp Employee Stock Ownership Plan Trust Agreement (People's Utah Bancorp), Piper Jaffray Companies
Cancellation of Benefit Service. If this Plan is a defined benefit plan and if the Participant’s 's vested percentage is determined under this Appendix and if a Participant receives a lump sum distribution of the present value of the vested portion of his accrued benefit, the Plan shall:
Appears in 2 contracts
Samples: Employee Stock Ownership Plan Trust Agreement (Entegris Inc), Trust Agreement (Entegris Inc)